Massachusetts-based brain implant company Axoft raised a $55M Series A and says it tested its device in a Shanghai patient, with plans for more trials in China (Bloomberg)

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Axoft, a Massachusetts brain implant startup, closed a $55M Series A and completed its first human trial on a patient in Shanghai, with plans to expand clinical trials in China.

Categories: Money & Moves

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<a href="https://www.bloomberg.com/news/articles/2026-04-29/us-brain-implant-company-axoft-tests-on-patient-in-china-raises-more-money"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260429/i63.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260429/p63#a260429p63" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-04-29/us-brain-implant-company-axoft-tests-on-patient-in-china-raises-more-money">Massachusetts-based brain implant company Axoft raised a $55M Series A and says it tested its device in a Shanghai patient, with plans for more trials in China</a></b></span>&nbsp; &mdash;&nbsp; A US company has tested a brain implant in a Chinese patient in Shanghai, a rare sign of cooperation as the two countries compete &hellip; </p>